Saudi Arabia is keen to attract direct foreign investment into the country and recent opportunities to buy property in Kingdom of Saudi Arabia have been popular with international investors.The Kingdom of Saudi Arabia is the largest country of the Arabian Peninsula. It is bordered by Jordan on the northwest, Iraq on the north and northeast, Kuwait, Qatar, Bahrain, and the United Arab Emirates on the east, Oman on the southeast, and Yemen on the south
Real estate in Saudi Arabia
Al Jawharah by Damac is one such example located on the Jeddah Corniche and alongside the Red Sea, Al Jawharah, is a residential tower that a few minutes drive from the Hilton Jeddah.
It offers investors a luxury property with
- Spectacular 40-storey tower
- Beautiful landscape surroundings
- Grand reception area with double height lobby
- Guest lounge designed by one of the top-most interior designers
- Luxurious 5 bedroom penthouses and 4, 3, 2 &1 bedroom apartments
- Multi-level car park
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Can foreigners buy property in Saudi Arabia
Under the new Saudi Arabian Law, foreigners are now entitled to allow a 100 percent ownership of real estate properties in the kingdom. Overseas buyers can also sponsor their employees into the country and give them the opportunity to work and live in Saudi Arabia.
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